Miami-Fort Lauderdale, Florida priced at$8,700 in 2004$16,764.91 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 2004-2026 ($8,700)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 92.70% higher in 2026 versus 2004 (a $8,064.91 difference in value).

Between 2004 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.03% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $8,700 in the year 2004 would cost $16,764.91 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 2004: Pricing changed by 2.68%, which is below the average yearly change for miami-fort lauderdale, florida during the 2004-2026 time period. Compared to inflation for all items in 2004 (2.68%), inflation for miami-fort lauderdale, florida was higher.

Price Inflation for Miami-Fort Lauderdale, Florida since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

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Buying power of $8,700.00 since 2004

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $8,700 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$8,700.002.68%
2005$9,108.554.70%
2006$9,560.924.97%
2007$9,950.364.07%
2008$10,428.724.81%
2009$10,387.17-0.40%
2010$10,470.990.81%
2011$10,827.193.40%
2012$11,038.891.96%
2013$11,176.161.24%
2014$11,411.662.11%
2015$11,524.580.99%
2016$11,724.351.73%
2017$12,037.402.67%
2018$12,444.113.38%
2019$12,662.131.75%
2020$12,778.830.92%
2021$13,303.824.11%
2022$14,565.049.48%
2023$15,729.728.00%
2024$16,312.753.71%
2025$16,698.582.37%
2026$16,764.910.40%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597357.009

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2004* 2004 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 185.267 in the year 2004 and 357.009 in 2026:

357.009 / 185.267* $8,700 = $16,764.91

Therefore, according to U.S. Bureau of Labor Statistics, $8,700 in 2004 has the same "purchasing power" as $16,764.91 in 2026 (in the CPI category of Miami-Fort Lauderdale, Florida).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miami-Fort Lauderdale, Florida in 1977. In addition to miami-fort lauderdale, florida, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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